Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

Problem 1:

In the economics of the firm, we are spending a lot of time on thinking about the firm's internal structure right now. A problem in firms and teams in general is the Free-rider problem. In your own workplace have you experienced a free-rider problem? Are there mechanisms for reducing this behavior?

Problem 2:

Consider some of hierarchical models of firm: U-form, M-form, Network and Matrix. Can you think of some instances of these? In your instances, are these efficient or unproductive organizational structures? What do these systems imply about the efficient level of hierarchy within each of them?

Think about your current or past organization where you were employed. What was its structural form and levels of hierarchy? Was it proficient? What was the incentive structure which was designed for it? How could that incentive system been modified to enhance the efficiency?

Problem 3:

All firms outsource some activities. When does it seem sensible to outsource, i.e. purchase goods and services needed by the firm from other companies. For illustration, why do auto makers buy tires from other firms before making them themselves?

Problem 4:

What role do transaction costs play in the determining the efficiency of internal structure of a firm (U-form, M-form, Matrix, Network)? There are many transactions that take place in the firm that don't take account of prices like regular markets do. Nevertheless, there are opportunity costs to interactions in the firm. For ex, if a department wants the accounting department to do a study or if the IT department is asked to execute a task for another department, there’re opportunity costs. In that context, what role do transaction costs play in determining the effectiveness of internal structure of a firm (U-form, M-form, Matrix, Network)?

Additional Requirements:

Other Requirements: For each problem 160-200 words

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M914089

Have any Question? 


Related Questions in Macroeconomics

Economic projectempirical project the research project

Economic Project Empirical Project The research project should be about 10 pages and should explain your data collection, model, and findings. Below is a quick guide to doing empirical research. Guide to doing an empiric ...

Topic comparing reformation theologiansreview the textbook

Topic: Comparing Reformation Theologians Review the textbook readings, presentations, and lectures notes reflecting on the positions of Martin Luther, John Calvin, and Richard Hooker. Construct your answer into the follo ...

The simple interest for buying a passenger transit rail is

The simple interest for buying a passenger transit rail is shown as the product of the principle amount (P), time (in years), and annual rate (R). The City of Phoenix plans to buy five additional mass transit cars for $1 ...

The bible prohibits usury lev 25 it is one reason the

The Bible prohibits usury (Lev. 25). It is one reason the Catholic Church forbid banking to Christians for 1,000 years. However debt and the paying of interest is very common now. Is borrowing Biblically forbidden? What ...

Explain why the kinked demand curve model of oligopoly

Explain why the "kinked demand curve" model of oligopoly represents a game theory approach to oligopolistic behavior.

Many people economists included blamed alan greenspan for

Many people (economists included) blamed Alan Greenspan for the financial crisis and the Great Recession that followed. Describe two mistakes that many people believe Greenspan made. Does Professor Kelton think that a sm ...

Part 1 - problems and calculations1 you are given the

Part 1 - Problems and calculations 1. You are given the following information for a good. Demand: Qd = 280 - 70P Supply: Qs = -40 + 30P A) What is the equilibrium price of this good? B) What is the price elasticity of de ...

What are the determinants of population growth how do these

What are the determinants of population growth? How do these factors affect economic growth? What is your prediction for global population and what policies do you recommend?

Assignment implementing the budgetwrite a three to four

Assignment: Implementing the Budget Write a three to four page paper addressing the criteria below. (Note: Change the title of the report to reflect the selected agency's name and the years to 2013-2014.) 1. Find the var ...

Please help menbspanswer the followingnbsp question based

Please help me answer the following  question based on the course outline and the text professor required. (around 400 words each question) The phenomenon known as the Industrial Revolution was the culmination of a proce ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen